Fed Set to Hold Rates as 2-Year Yield Signals Incoming Hike
The 29% FedWatch odds of a July hike look about right: the more useful signal is the 2-year yield pushing the Fed funds rate toward 4.25%, which is the level the market wants by December.
Fed Set to Hold Rates as 2-Year Yield Signals Incoming Hike
🩸BEARISH
Benjamin Cowen
CoinDesk